Nuveen AMT-Free Municipal Value Fund (NUW) vs Franklin Managed Municipal Income (PMM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Franklin Managed Municipal Income is the larger company by market cap ($240.7 million vs $233.0 million), about 1.0 times the size. On valuation, Franklin Managed Municipal Income trades at a lower trailing P/E (10.4x vs 14.9x for Nuveen AMT-Free Municipal Value Fund). Franklin Managed Municipal Income pays a dividend yielding 5.37%, while Nuveen AMT-Free Municipal Value Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | NUW | PMM |
|---|---|---|
| Share price | $12.98 | $5.62 |
| Market cap | $233.01M | $240.72M |
| 1-day change | -0.23% | +0.72% |
| YTD return | — | -11.00% |
| 1-year return | — | -8.22% |
| 5-year return | — | -34.35% |
| P/E ratio (TTM) | 14.92 | 10.41 |
| EPS (TTM) | $0.87 | $0.54 |
| Dividend yield | 4.47% | 5.37% |
| Annual dividend | $0.00 | $0.302 |
| 52-week high | $14.70 | $6.60 |
| 52-week low | $12.70 | $5.39 |
| Distance from 52-week high | -11.70% | -14.85% |
| Analyst consensus | — | none |
| Average volume | 69.56K | 130.80K |
| Shares outstanding | 17.95M | 42.83M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen AMT-Free Municipal Value Fund trades at a higher earnings multiple (14.9x vs 10.4x trailing P/E).
About Nuveen AMT-Free Municipal Value Fund
NUW stock →Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Finance · Investment Managers
About Franklin Managed Municipal Income
PMM stock →Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited.
Finance · Investment Managers
NUW vs PMM FAQ
Which is bigger, Nuveen AMT-Free Municipal Value Fund or Franklin Managed Municipal Income?
Franklin Managed Municipal Income (PMM) is larger, with a market capitalization of $240.72M compared with $233.01M for Nuveen AMT-Free Municipal Value Fund (NUW).
Which has the lower P/E ratio, NUW or PMM?
PMM has the lower trailing P/E at 10.4, versus 14.9 for NUW. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nuveen AMT-Free Municipal Value Fund or Franklin Managed Municipal Income?
Franklin Managed Municipal Income has the higher yield at 5.37%, compared with 4.47% for Nuveen AMT-Free Municipal Value Fund.
Are Nuveen AMT-Free Municipal Value Fund and Franklin Managed Municipal Income in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.